Crypto Tax Evasion
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India Probes 400 Binance Traders for Alleged Crypto Tax Evasion: Report
Yahoo Finance· 2025-10-12 19:46
Indian tax authorities have launched an investigation into over 400 high-net-worth traders using Binance, suspecting large-scale crypto tax evasion, according to a report from The Economic Times. Key Takeaways: India’s tax authority is investigating over 400 Binance traders for allegedly evading the country’s steep crypto taxes. The probe focuses on activity from 2022 to 2025 and includes scrutiny of peer-to-peer trades. Binance, previously banned and later reinstated after paying a fine, now faces h ...